Wednesday, July 12, 2017

Mishra Dhatu Nigam Limited (MIDHANI), a miniratna, Schedule ‘B’ Defence Public Sector Undertaking under the Department of Defence Production, Ministry of Defence signed Memorandum of Understanding (MoU) for the financial year 2017-18 with the Ministry. The annual MoU was signed by Secretary (Defence Production) Shri Ashok Kumar Gupta on behalf of the Ministry and Chairman and Managing Director, MIDHANI Dr. D K Likhi.

The MoU outlines targets and various performance parameters for the company. The revenue from operations as per the MoU has been targeted at ₹ 780 crore which is significant improvement over the previous years.